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Search Results 0 to 40 of about 41 (some duplicates have been removed)
to ease terms on its multi-billion euro bailout loan. the irish prime minister has told eu officials that solving his country's debt crisis is his top priority. >> the eu commission president was in dublin on thursday for a meeting to coincide with ireland taking over the rotating presidency. he also praised the irish government's efforts to bring its debt down. >> the irish prime minister and his deputy are looking ahead to six months at the helm of europe. it is a chance to tout ireland as proof that the u.'s reforms for the debt crisis can work. >> economic growth was stronger than expected at the end of last year. the deficit is lower than predicted. >> the irish government itself is confident. it aims to use its experience to help the e you find a way out of the current crisis. >> obviously, the president and his team are very conscious of ireland's own recovery story. we will work very diligently and energetically in terms of our agenda. >> ireland's first task will be to forge compromise on the eu budget in february. other priorities are boosting growth and progress toward an
spending millions on their campaigns. his people are young and the international and they are not as euro-skeptic as the majority of czechs. >> i'm afraid of many. the european union is doing now. his opinions are a bit more extreme. >> many people seem to be taking his licks in stride or even liking them. as before voting began, their orders to beating up campaign newspapers in the cafes. >> i'm not sure if this is the right guy for a presidency, but he is an interesting one. >> while he attracts all the media attention, there's little interest in the front runners, like the conservative former prime minister who also once headed the office of statistics. we asked the foreign minister if they oppose the establishment. >> i think they are fed up with politicians. >> it is that sentiment that has gotten him this far in the campaign. commentators have called him a potential king-maker. he is not a politician. his latest opera recently premiered and it is a science fiction work in which amphibian's take over the world. they are too clever for the human. they will show that they can also be c
this morning been up to 89.35. euro/yen higher, stipulating around the 118 mark, as well. euro/dollar had big moves yesterday, posting with the spanish auction mr. draghi and the ecb coming out saying it was unanimous about no interest rate cuts whereas in the previous month there had been some discussion about that. euro/dollar, 11.3260. let's bring you up to speed with the asian trading session today as they wrap up the week. li sixuan joins us for the first time today. >> thanks, ross. japan was a clear outperformer after shinzo abe unveiled his massive stimulus plan. and the nikkei gained 1.4% today. just to put it into context, this index is up for the ninth straight week, its longest winning streak since late 1988. shares of stocks surged to nearly 5% after the operator of clothing chain unicore raised its full year guidance. but hotter than expected cpi data from china put new pressure on the shanghai deposit. there will be more curbs to taint housing prices. meanwhile, weakness in china's blue chips dropped the hang seng lower. but hsbc did lend some support after the bank said yester
. the euro hit the 118 level for the first time in 20 months. that pair is changing hands at 118.10 to 15. market participants say worries about the debt situation in the euro zone has eased due to positive comments on the regional economy from the european central bank president. let's see how this is affecting the stock market. the weaker yen is prompting export on stocks. let's take a look at how other markets in the asia pacific are performing. south korea's kospi trading modestly in the negative down about .10 of a percent. look likes a bit of a mixed picture today. over in the united states president obama had revealed his nomination for his treasury secretary. his chief of staff jack lew is poised to replace timothy geithner. >> over the years he's built a reputation as a master of policy who can work with members of both parties. jack has my complete trust. i hope the senate will confirm him as quickly as possible. >> mr. president, i look forward to continuing the challenges ahead. >> lew is 57 years old. he's well versed in financial policy. he served as director of the office o
prices this week, tle say that really when we look at it in terms of euros, we look at extreme weakness in the gold market here, down about 1.5% so far this week. even with the strength we have seen in the euros. that lets you know there is still some weakness here in the gold market. we are seeing profit taking pretty much across the board in metals complex. but another factor that may be contributing to the fact that we are seeing some weakness in gold is that traders are favoring platinum particularly this week going into 2013. looking at the white industrial metals as the place to be in really helping to supply hopefully create a rally that will continue for the next several months. back to you. >> thanks, sharon. rick santelli is tracking at the cme. we see the yield curve on the 30-year can be how are they doing today, ricky? >> this goes to the point. everyone is concerned if you are thinking rates aren't going up because they have. but they haven't really gotten traction at critical levels. so you look at one-week chart of everything. last week we closed at 109 and a 10 and yes
, disappointing industrial production numbers in spain and the uk. but the euro is at a nine-month high this morning. we begin with the s&p, a five-year high. a lot riding on bank earnings. the report's not perfect. american express joining the list of financials that are cutting jobs. >>> best buy's troubles continue. they're not the only retailer under pressure this morning. jcpenney capping a bad week. >>> boeing under official view as a probe is taken on the plane. a cracked inshield and oil leak. >>> remember a cheaper iphone? a top apple executive said forget it. the company continues to focus on china. >>> we'll kick off with wells fargo, kicking off q4 results. the lending business came in a little bit lower than many analysts expecting. the numbers coming out after american express announced plans to cut 5,400 jobs and the s&p closed at fresh five-year highs. jim, it's been said, wfc, probably the most important report of the week. what kind of grade do we give it? >> the whisper was they weren't going to do this anyway. i don't know anyone would think they would -- people were
development, and them you've got drawing a line in the sand doing whatever it takes to defend the euro, and to me, that was a game changer. not too many game change everies, but when he said that over the summer, hey, think about putting money to work in italian bonds. they have attractive yields particularly relative to treasuries, and poland, it's got an attractive yield, a strong currency out there. not as attractive as italy right now, but there's money allocated to it. david: jack, when you talk about italy, poland, and mexican bonds, i used to cover mexico in the 80s, and 90s, and i remember defaults there. to me, it sounds more like junk bonds than fixed income? >> well, you know, i make the comment that, you know, they are not your father's emerging markets. there's been a huge development over the last ten years or so in the the developing world right now, and mexico is a classic example of that. david: i have to challenge you, jack. >> sure. david: mexico had terrible crisis with the drug war, and that eventually effects investments in mexico of the there's a lot of developme
to the governments of the euro system that has hit some countries for some reasons. somewhat we were hit because of the sins of our past. we have been having -- we have had a relatively a sizable but stable debt for a long time, but the point is it's very manageable. we are reducing it pretty fast, very fast indeed, and also to reassure the investors if you put together the net household wealth of italians as compared to the debt of the government and the companies the ratio is three to one, so it's a matter of redistribution somehow. italians thanks to god are a wealtdy people and the matter is how we can put things into order in our household but definitely italy is a major stable solid economy, and once -- already there are signs of strong improvement. once this crisis is over we will definitely flex the muscles. please. >> [inaudible] are you planning show case any important architects and designers in this year of italian culture? >> definitely. i mean in san francisco there's a wonderful san francisco design week, so we will have an italian design week too. we are planning on an exhib
fraud now cost europe 1.5 billion euros a year. criminals are hacking into businesses and stealing from individuals too. >> all around the world, cyberattacks are hitting the head lines. >> threats can come from anywhere in the world. but today comes a warning that cybercriminals may find a particularly easy base in africa. >> i think what you see in africa, when you see the technological development increase, you also see that african organized criminals and european organized criminals, they set off bases there where the infrastructure is, and also might be a weaker legal system. >> foreign computer fraudsters will be a major target at the new european cyber-crime center, or e.c. 3 that opens today in the hague. >> this is an example of microcamera used by camera. >> detectives here know many of the tricks of the trade, such as hidden mobile phones which transmit details of pin codes after filming them through tiny holes. they've also built a cage, a room that wire signals can't penetrate. this prevents criminals from moving data remotely from devices which may contain evidence of fra
in early asian trading. dollar-yen at 88.80-84. the euro is also gaining against the yen. the european currency is now down at 117.74. that's going to do it for biz tonight. let's get a check now of the markets. >>> the eastern u.s. is seeing warm temperatures, but changes in the forecast. meteorologist robert spet that has the latest. >> yes, gene. all across the eastern seaboard we have just been seeing absolutely temperatures above average. it's all due to this frontal area here. ahead of it you are seeing this warm air come in from the south. that's really been raising up these temperatures. but, yeah, things are going to start to change, because as that pushes off there towards the east, bringing heavy rainfall towards the northeast, the western great lakes will see a mix of freezing rain across this region, very dangerous for driving. but behind it, see this cold front here? that is really what's going to be the big changer. this is already bringing some snowfall in this region, upwards of 15 centimeters across much of the dakotas is going to be expected. widespread winter storm
.s. is being shipped to europe today. if the euro is strong and the economy's stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing so r
trying to honor that. i am trying to honor this truth within me. c-span: so i am a kid about 13 euros hole, i am smoking pot or move to speed or cocaine and i am robbing and stealing and all that stuff. do i rob to get money from all that stuff? >> guest: a lot of these are robbing to get money for food. c-span: would you do in your day? >> guest: my brother was a drug dealer in the neighborhood. and he was killed. c-span: what were the circumstances. >> guest: my brother was trying to make a change. he moved from virginia to north carolina and he was really trying to make a change. and he had been living in my uncle's home and next door there was a woman who had an abusive boyfriend and from time to time he would talk to her. and the boyfriend was basically jealous and said to stay away from his girlfriend. the boyfriend was defending her and eventually he was killed. c-span: what would you tell me -- and you interact with these kids at the university of maryland where you are doing this? >> well, when we were running a pilot program, i was a part of this team. it was important for m
at currencies, how they fair against the u.s. dollar, more and more strength today in the euro, and, again, seems like the interest rate is not changing in europe really is propelling the euro higher, again today. ♪ [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. cheryl: breaking news from goldman sachs, the economic research teams issuing a report just released as they are lowering the estimate for fourth quarter gdp. they are now saying fourth quarter is 1.3%, down a half percentage from the original estimate of the fourth quarter. why lower the estimate for the fourth quarter? weaker than expected trade data is one thing they cited, so the november trade gap an issue, a
the euro dollar, but it will cap at 35, so if you want to get a move there, go ahead. >> rebecca? >> stay with the momentum as well, with but as we get closer to the debt ceiling and the sequestration and everything else that washington brings, start to book some profit. >> that is going to do it for us here at5:30 p.m. "mad money" is up next. >> i'm jim cramer, welcome to my world. you need to get in the game. stearns are going to go out of business, and he's nuts, they are nuts, they know nothing. i always like to say there is a bull market somewhere. "mad money," you can't afford to miss it hey, i'm cramer. welcome to "mad money" to cramerica. other people want to make friends. my job isn't on just to entertain, but to teach and educate. call me at 1-800-743-cnbc. after a ho-hum session, s & p finishing flat, nasdaq advancing, we're about to head into the one four most exciting, but least lucrative weeks of the year. thanks to the coming jumble of earnings. the reports are coming. you know the rules. and let's just try to learn. as i told you not that long ago. not impossible to make m
austerity has done to europe. it has thrown the entire euro zone back into depression, unemployment in italy spain and greece. youth unemployment in spain and greece is over 55%. the battle joke, i'm partially irish is back in ireland what is ireland's leading export? the irish. as soon as you get your university degree, you leave. >> cenk: tough times ahead. i wish we had some real regulators in washington, one of the old regulators who did his job, william black. thank you. >> that you can cenk. >> cenk: when we come back, a football player who's head was a mess. there's an amazing story about that and theism pact on his family. >> there is a big risk. >> there is huge risk. >> it's not worth it for me to not have a very, very excited about that and very proud of that. >>beltway politics from inside the loop. >>we tackle the big issues here in our nation's capital, around the country and around the globe. >>dc columnist and four time emmy winner bill press opens current's morning news block. >>we'll do our best to carry the flag from 6 to 9 every morning. >>liberal and proud of it. >> cenk
.894%. and the dollars this morning is up across the board. euro coming in at 1.326. and the dollar/yen is at 88.87. gold prices at this point are down by about $9. 1,669 an ounce. >>> it's now time for the global markets report. ross westgate is standing by in london this morning. good morning, ross. >> andrew, good morning to you. we're pretty flat in european markets as evidenced by the wall behind me. european stocks in general closing yesterday at two-year highs. the ftse yesterday closing above 6,100 for the first time since may 2008. so not quite the five-year high of the s&p but not far behind. we're seeing the ftse pretty flat as with most of these markets. you have been taking a look at these markets. we saw the 12-month borrowing cost at a three-year low. and today at auction, three-year yield in italy down a little bit. hitting under 2% at 1.85%. they raised 2.5 billion. that is the lowest we've seen on italian auction yields for that three year in march 2010. so continuing lower borrowing costs for italy and, of course, for spain we saw yesterday. now, the -- there we go. 1.9% is the cash ma
central bank said the worse of the euro crisis may be mind us. >> your committee is in very deep water here. >> reporter: strong words tonight at a town hall meeting. the controversial issue at the center there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dual-air technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. queen mattresses start at just $699. and now, save 50% on the closeout of our silver limited edition bed. ends sunday. ♪ ♪ conquer dinner. one cut of meat at a time. the everyday collection. by target. >>> a town hall meeting about gun violence lasted more than an hour and a half longer than scheduled for and spilled into the hallways. >> reporter: the crowd from napa county came here as part of a listening tour but tonight citizens put him in the cross hairs. >> they create these mind
year and accepted a plea deal in exchange for a 5-euro prison sentence. >>> there is a big push to bring the fbi headquarter to northern virginia. local, set and congressional leaders met in arlington to brainstorm ideas that will convince the feds to relocate somewhere in the commonwealth. they are pushing hard for a site in fairfax county. meanwhile, in maryland, prince george's county and montgomery county are both in the running as well. >>> senator tim kaine is also among those pushing to bring the fbi headquarters to virginia. the former virginia governor was sworn in last week. senator kaine, he is going to join us live here in studio at 7:30 this morning to talk mother about his plans as he settles into his new job on capitol hill. >>> time now for the morning line as robert griffin iii continues to recover. the nfl players association may launch an investigation into the handling of his injury. if they go forward, independent doctors will be brought in to see if the redskins followed the recommendations of their medical staff and in the nfl playoffs, two of the greatest
. if the e comean is stable, when it arrives all is well. if the euro gets devalued or the banks or the stocks an
. oh, it's not just china, the dollar got clobbered versus the euro, something that our international companies just love to see. it puts them here. >> house of pleasure. >> why else? how about the fact that ford, one of the best bellwethers of economic growth out there doubled its dividend last night. something i said was a possibility earlier this week when we recommended it as a way to play the auto super cycle that i see playing out in 2013. yes, these are clear cases where our themes are the place to circle the wagons during the confusion and din of 2013. we can fret over the new treasury secretary. we can marvel about the battle royale between hedge fund managers over herbalife. please stay away from that firing range. and we can ponder the oncoming train -- >> all aboard -- >> that is the debt ceiling debacle. or we can fall back on these themes i keep talking about, themes that give us a place to go within all the skirmishing that defines our marketplace day after day. we've gone over china, the banks, and housing. we've told you that the autos and insurance stocks should be b
. if the euro is strong and the economy's stable when it arrives, all is well. but if the euro gets devalued or the banks or the stocks are in trouble, this american-made product can find itself facing some real hurdles. the shop that wants to order it may be unable to get a loan for its inventory, therefore, the instrument never gets shipped. or the customer who wants to buy this guitar may find that his money is now worth so little he can't afford it. and if this drought and the revenue stream continues pushing more businesses and more governments toward default on their debt, then there's a risk of the whole market drying up. so, everyone knows each time a shipment arrives in europe like this one, unpredictable market forces here could undermine the value of those guitars and force layoffs back home. >> the last few years just thinking about the economy in general, it's kind of a generalized fear. >> reporter: for now they control what they can. >> if we do a better job when somebody's looking to buy a guitar, they'll look more to our stuff than the other stuff. over time. >> reporter: an
this, have a trillion dollar euro coin and this is perhaps one of the most absurd ideas anyone would come up with and would make us a laughingstock. >> megyn: i have to confess, i don't understand how it works, but i gather, you don't have to keep making trillion dollar coins, they're not going to be circulating because we don't have that money, but it's there to say we're able to pay our bills, it's a trillion dollar counties and an end-around what president obama may see congress do to him which is perhaps not raise that debt ceiling? >> i think i would agree, this is one of the stupidest ideas. >> megyn: really? >> that comes out of washington. but this, i could puse the pun, it doesn't make "cents", i know it's friday afternoon and people are a little tired. it's a stupid idea and a nonstarter. congress is going to have to extend the debt ceiling or we default on our debt, and it's cataclysm cataclysmic. i hope and i pray after the inauguration that people reach across the aisle. we're going to have to cut defense. we're going to have to increase the eligibility for entitlements
county 17 euro has been shot reportedly in the 2300 block of cole drive kent ausolito. >> we have mike pelton on seen with investigators. mike what you're learning? >> mike are you able to hear me? we maybe have a technical difficulties we will reestablish the signal. in any event the 17 year-old was fatally shot police investigators are there once we reestablished a signal with mike we will get the livlatest from the scene live. >> san francisco police are investigating a brazen attack on a woman while she was waiting for a bus. >> happen tuesday while the victim was talking on herself on while waiting for a bus at divisadero andhaight . according to police, a man walked up and used a stun gun on her face and he tried to rob her. >> officers think he was spooked by a large pie a witness is nearby. in the of running off without stealing anything. police released a brief description of the suspect. is an african- american male standing 5 ft. 11 in. away 190 lbs. and lasting wearing dark clothing. >> president obama and afghan president hamid kar zai our meeting at the white house to dis
on the currencies. the euro pushing higher, 1.33, almost 1.3350. the pound also a little lower today. we'll be right back. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a
nation between our three components and general frank grass the chief of the national euro and i have with the same efforts toward communication between the air force and the national guard bureau. obviously the force structure is a mix between the active and reserve components of the air force is a contentious issue and has been for the last six to eight months clearly. it continues to be. i characterize her court nation with the group i just mentioned as energetic and improving. but we are absolutely committed. everybody in the group i just mention is committed to ensuring that in the future when we come forthwith force structure mixed recommendations to the secretary, the secretary of defense and the president congress that we speak with one voice. we will do everything we can to get there. the first memory i have of my grandfathers him pulling up in front of our house in his 53 chevy convertible. the reason why, it was this week are. if we were at my not we could take you to the flight line and i could show you a bunch of sweet d50 to zen in 20208 woman delivered the last casey 46
of folks that over the last couple of years said the euro zone wasn't going to make us, europe wouldn't be with us anymore, that clearly was overstated. it never was going todom pass. the united states had all sorts of issues in its own government. you didn't see double-dip recession in the u.s. think about before the u.s. election how many people said these companies are keeping trillions of dollars on the sidelines because they're worried about the u.s. how many people are keeping trillions of dollars on the sidelines because they're worried about uncertainty in china? china is more uncertain. two thirds of the world's growth comes from emerging markets. these are countries much more volatile. now the financial crisis finally in our rear-view mirror, we'll spend more time in there. >>eric: what the arab summer? arab spring, arab summer? >> we have a boom going on, offshore gas brazil and mexico. as a consequence, the down side in the middle east which is exploding, that will have less impact on the u.s. ironically the fact that it has less impact on the u.s. means the likelihood tha
. it has thrown the entire euro zone back into depression, unemployment in italy, spain and greece. youth unemployment in spain and greece is over 55%. the battle joke, i'm partially irish is back in ireland what is ireland's leading export? the irish. as soon as you get your university degree, you leave. >> cenk: tough times ahead. i wish we had some real regulators in washington, one of the old regulators who did his job, william black. thank you. >> that you can cenk. >> cenk: when we come back, a football player who's head was a mess. there's an amazing story about that and theism pact on his family. >> there is a big risk. >> there is huge risk. >> it's not worth it for me to not have a dad, so to me, it's not worth it. now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? >> cen
Search Results 0 to 40 of about 41 (some duplicates have been removed)